Merrill Grabs $3.1M Team From UBS in Palm Beach
The veteran group includes four advisors with about $500 million in client assets.
Morgan Stanley CEO’s Performance Bonus Doubles on Stock Gain
Gorrman's shares were valued at $4.1 million; the head of wealth management's are worth $3.6 million.
The Unsinkable Sallie Krawcheck
Is Krawcheck weighing a robo-advisor offering? She remains tight-lipped on her plans, but tells ThinkAdvisor in a wide-ranging interview, "I'm not done yet!"
Merrill Lands $1.4B Ex-Morgan Stanley Team, Advisor
Meanwhile, LPL-affiliated Stratos Wealth recruits a former Morgan Stanley team and an ex-Wells Fargo rep.
TDAI on Advisor Recruiting: Think Broader
For example, career changers, like disaffected teachers or social workers, can make great financial planners, TDAI's Kate Healy says.
RBC to Buy City National, Boost U.S. Wealth Operations
The U.S. operations of the Canadian bank currently include about 2,000 reps and $280 billion in assets.
Goldman Sachs Profit Declines on Drop in Fixed-Income Trading
The firm posted its lowest annual trading revenues since 2005.
Citigroup Profit Misses Estimates on Year-End Trading Drop
Weakness in fixed income worse than CEO Michael Corbat's recent predictions.
BofA, Merrill See Q4 Drop in Profits
The wealth unit, though, boosted sales 3% as advisor production stayed above $1 million.
Mariner Acquires RIA Vantage Investment Advisors
Mariner Wealth Advisors expands its Northeast presence with acquisition of Pennsylvania-based RIA firm Vantage Investment Advisors.